Description

Large recently renovated residence in the front + rental house in the rear.Located a few hundred steps from UNM the property has high walk (81), Transit (48) and Bike scores (96).Gleaming hard wood floors, built ins: niches, bookshelves, linen closets and dish shelves speak to the 1920s vintage and quality of the residence. Virtual tour of front residence available.Measures of investment performance include: at average rent of $875 a month, 10.24 GRM, 6.31% Cap rate, 14.00% IRR before tax, 11.30% IRR after tax. Disclosure: co-listing broker is related to owner.Property is being sold using the BID process - tour date is 8/22 at noon - with an offer deadline of 5pm (MST) on 8/23/2018.